We often regard learning for CIMAPRO15-P01-X1-ENG Collection exam as a torture. Actually, learning also can become a pleasant process. With the development of technology, learning methods also take place great changes. And they are the masterpieces of processional expertise these area with reasonable prices. Besides, they are high efficient for passing rate is between 98 to 100 percent, so they can help you save time and cut down additional time to focus on the CIMAPRO15-P01-X1-ENG Collection actual exam review only. The content is always relevant, and compound again to make you pass your CIMAPRO15-P01-X1-ENG Collection exams on the first attempt.
CIMA Certification CIMAPRO15-P01-X1-ENG There is no doubt that you can get a great grade.
You can also try the simulated exam environment with CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial Collection software on PC. So we have adamant attitude to offer help rather than perfunctory attitude. All CIMAPRO15-P01-X1-ENG Dumps Download test prep is made without levity and the passing rate has up to 98 to 100 percent now.
Not only we provide the most valued CIMAPRO15-P01-X1-ENG Collection study materials, but also we offer trustable and sincere after-sales services. As we all know, it’s hard to delight every customer. But we have successfully done that.
CIMA CIMAPRO15-P01-X1-ENG Collection - It is very easy and convenient to use and find.
As the employment situation becoming more and more rigorous, it’s necessary for people to acquire more CIMAPRO15-P01-X1-ENG Collection skills and knowledge when they are looking for a job. Enterprises and institutions often raise high acquirement for massive candidates, and aim to get the best quality talents. Thus a high-quality CIMAPRO15-P01-X1-ENG Collection certification will be an outstanding advantage, especially for the employees, which may double your salary, get you a promotion. So choose us, choose a brighter future.
Their masterpieces are instrumental to offer help and improve your performance in the real exam. Being dedicated to these practice materials painstakingly and pooling useful points into our CIMAPRO15-P01-X1-ENG Collection exam materials with perfect arrangement and scientific compilation of messages, our CIMAPRO15-P01-X1-ENG Collection practice materials can propel the exam candidates to practice with efficiency.
CIMAPRO15-P01-X1-ENG PDF DEMO:
QUESTION NO: 1
CH is a building supplies company that sells products to trade and private customers.
Budget data for each of the six months to March are given below:
80% of the value of credit sales is received in the month after sale, 10% two months after sale and 8% three months after sale. The balance is written off as a bad debt.
75% of the value of credit purchases is paid in the month after purchase and the remaining 25% is paid two months after purchase.
All other operating costs are paid in the month they are incurred.
CH has placed an order for four new forklift trucks that will cost $25,000 each. The scheduled payment date is in February.
The cash balance at 1 January is estimated to be $15,000.
Prepare a cash budget for each of the THREE months of January, February and March.
Select All the correct answers.
A. The total receipts in January will be $320 000
B. The total receipts in January will be $245 000
C. The total payments in February will be $405 000
D. Total payments in March will be $323 000
Answer: A,D
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-13/
QUESTION NO: 2
A company produces three products D, E and F. The statement below shows the selling price and product costs per unit for each product, based on a traditional absorption costing system.
Each of the products is produced using Process A which has a maximum capacity of 2,500 hours per period.
If a traditional contribution approach is used, the ranking of products, in order of priority, for the profit maximizing product mix will be:
A. F, D, F
B. D, E, F
C. E, D, F
D. D, E, F
Answer: A
QUESTION NO: 3
LM operates a parcel delivery service. Last year its employees delivered 15,120 parcels and travelled 120,960 kilometers. Total costs were $194,400.
LM has estimated that 70% of its total costs are variable with activity and that 60% of these costs vary with the number of parcels and the remainder vary with the distance travelled.
LM is preparing its budget for the forthcoming year using an incremental budgeting approach and has produced the following estimates:
* All costs will be 3% higher than the previous year due to inflation
* Efficiency will remain unchanged
* A total of 18,360 parcels will be delivered and 128,800 kilometers will be travelled.
Calculate the following costs to be included in the forthcoming year's budget:
(i) the total variable costs related to the number of parcels delivered.
(ii) the total variable costs related to the distance travelled.
A. Parcel related cost for next year = $112,118; Distance related costs for next year = $59,699
B. Parcel related cost for next year = $109,118; Distance related costs for next year = $89,699
C. Parcel related cost for next year = $115,306; Distance related costs for next year = $31,590
D. Parcel related cost for next year = $105,306; Distance related costs for next year = $30,590
E. Parcel related cost for next year = $112,308; Distance related costs for next year = $79,590
Answer: A
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-29/
QUESTION NO: 4
A flexible budget is a budget that is:
A. continuously updated by adding a further accounting period when the earliest accounting period has expired
B. changed in response to changes in costs
C. set prior to the control period and not subsequently changed in response to changes in activity period has expired
D. changed in response to changes in the level of activity
Answer: D
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-30/
QUESTION NO: 5
A company produces trays of pre-prepared meals that are sold to restaurants and food retailers. Three varieties of meals are sold: economy, premium and deluxe.
Discuss the benefits of flexible budgeting for planning and control purposes.
Select all the true statements.
A. The fixed budget however provides more insight into actual performance.
B. A fixed budget will provide meaningful control information when actual activity differs from budget and variable costs are significant.
C. Reporting against a fixed budget tells management nothing about the efficiency of operations.
D. If actual sales revenue is compared to a fixed budget it is possible to tell whether a favourable sales variance is due to an increase in units sold or an increase in sales price.
E. If sales volumes were well above budget, adverse variable cost variances will probably be reported, against the fixed budget, since more variable costs have to be incurred to support the higher level of activity.
F. If a flexible budget is prepared then the budget variances calculated will provide a better indication of performance since actual results will be compared against an appropriate benchmark.
Answer: C,E,F
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-105-3/
SAP C_SIGDA_2403 - There is an old saying goes, good memory is inferior to sodden ability to write, so we believe that it is a highly productive way for you to memory the knowledge point and review the reference books more effectively. SAP C-LCNC-2406 exam questions can fuel your speed and help you achieve your dream. Our working staff regards checking update of our Microsoft SC-900 preparation exam as a daily routine. Dell D-VCFVXR-A-01 - But if you buy our P1 - Management Accounting Question Tutorial test torrent you only need 1-2 hours to learn and prepare the exam and focus your main attention on your most important thing. So if you are in a dark space, our SAP C-ARSUM-2404 exam questions can inspire you make great improvements.
Updated: May 27, 2022